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Multi Family 2-4 in Westchester County
MLS Number995442
Address17 Lockwood Avenue, Yonkers, NY 10701 show map
Price$949,000 show mortgage calculator
Acres0.05
Year Built1969
Est. Sq. Footage0
Elementary SchoolYonkers (School Choice)
Jr High-Middle SchoolYonkers (School Choice)
High SchoolYonkers (School Choice)
Estimated Taxes$2,443
Total Apt Units3
Total Bedrooms4
# 1 Brs1
# 3 Brs1
Remarks

Prime mixed-use investment opportunity in the heart of Yonkers! Located on a highly visible corner lot, this versatile property offers strong income potential with a fully operational retail storefront, residential units, and additional garage income streams. The ground level retail space, currently operating as a nail salon, benefits from excellent street exposure, steady foot traffic, and prominent signage visibility, ideal for owner-users or investors seeking a stable commercial tenant, currently rented at $1,850. Above and alongside the commercial space are well-laid-out residential units, including a 1-bedroom apartment renting for $1,850/month and a spacious 3-bedroom apartment generating $2,850/month, providing consistent rental income. Additional value is found in the three garage spaces, each rented at $200/month, creating supplemental cash flow and added tenant convenience. The property features a separate entrance for residential access, enhancing privacy and flexibility for multi-use functionality. With approximately 2,800 sq ft of building space, this asset is perfect for investors looking to maximize returns or owner-operators seeking to live and work in one location. Conveniently situated near major roadways, public transportation, and local amenities, this is a rare opportunity to own a high-performing mixed-use property in a growing Yonkers market.

Amenities

Eat-in Kitchen, Garage, Porch

This listing is Courtesy of eXp Realty (888-276-0630).

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